Missouri

What marijuana/cannabis businesses can you start in Missouri?

In 2014, Missouri passed HB 2238, which creates a legal right for certain patients to obtain, possess, and use “hemp extracts” in limited circumstances. The law defines a “hemp extract” as a preparation of cannabis that contains at least 5% CBD and no more than 0.3% THC. Only patients with a seizure disorder and a recommendation from a neurologist are eligible to obtain a “hemp registration card,” which entitles them to access and legal protections. Patients are allowed to purchase hemp extracts from two state-regulated “Cannabidiol oil care centers.” The law also allows the Department of Agriculture to license and regulate growers of cannabis plants to produce the oil to make sure they conform to the CBD and THC stipulations.

What can you do right now?

To get ahead and be prepared for when the state will reopen marijuana businesses, you should:

Get a pre-legalization marijuana company business plan to understand costs associated with setting up a marijuana business, as well as projected revenues and financials that will allow you to decide whether this venture is for you or not, as well as be used for licensing purposes when the state allows marijuana businesses to apply for licenses.

Download a free starter package to give you a general overview of what to expect when Missouri legalizes marijuana businesses.

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